The comments below have not been moderated in advance and are not produced by The Local unless clearly stated.
Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

Pound below SEK 11

Last one out of the UK turn the lights off please

According to interbank exchange rates, the pound has momentarily dropped below 11.00 today and is currently trading at 11.02. With zero effort so far to solve the UK budget deficit so far and the SEK looking increasingly strong one wonders how far this will go.

Damn.And here I was thinking it was awful in the low 11s. To think just last year I was upset when it wasn't pushing for 13...Lets hope the Swedes devalue themselves or the Brits do something or...something

Actually its good for UK exports and the economy is doing better there. The economy in Sweden is suffering under a strong krona which hurts exports. If Greece and Ireland had their own currencies they could inflate their way out of the crisis too.

Yeah, thats why I'm hoping the Swedes will devalue their currency.Usually through the economic crisis they were following Britain quite well, dropping along with it. This year though...nope, Britain is dropping whilst Sweden is standing steady.

Since TPTB are saying they will raise rates I go with the 180 degree theory that they will do exactly the opposite of what the propaganda says they will do and keep them low for years and you have industry here begging them to devalue. Since Sweden like nearly all nations is a corporatist state on the fascist model they will do industries will unless it is against the interest of finance, the true master of the universe in these days since the ruby has taken complete command.

Th fundamentals are all wrong in the UK GDP % to borrowing is among the highest in the EU, and the tories will win the next election so there will be a wind down on public services & borrowing .etc.etc you figure out where the pound will go..now has anyone a spare blonde please?

PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at: psdmedia.se